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Can I get my 2 days back, American Airlines?

Thursday, March 20th, 2008

Footnoted regulars know that I really stay focused on the filings. But on rare occasions, it seems worthwhile to share a personal experience involving a publicly traded company to provide a perspective that’s not readily visible in the filings. And my experience with American Airlines (AMR) these past two days shows just how bad airline [...]

Two more gold stars!

Friday, March 7th, 2008

As I wait for today’s House Oversight Committee hearing to start on the links between the subprime mess and hefty compensation for several CEOs (the live feed is here and it’s also on CSPAN), it seems like a good time to hand out two more gold stars.
The first one that caught my eye was Unisys [...]

Countrywide’s Mozilo blames “left wing business press”…

Thursday, March 6th, 2008

After postponing twice, it looks like tomorrow is the day that Countrywide’s (CFC) Angelo Mozilo, as well as Stan O’Neal, and Chuck Prince, formerly of Merrill Lynch (MER) and Citigroup (C) will be heading to Capitol Hill to appear before the House Oversight Committee to talk about compensation and the subprime mess. The formal name [...]

Snow day perk patrol…

Friday, February 22nd, 2008

It’s a snow day here in New York, which gives me plenty of time to plow through the filings, since I’d much rather sit at the computer then shovel. One of my favorite finds was in this filing from CSX (CSX), which disclosed for the first time that 156 of its top executives get 50% [...]

Half a gold star for HPQ…

Friday, February 1st, 2008

Footnoted regulars know that we don’t hand out gold stars all that often here. So when we saw the proxy that Hewlett-Packard (HPQ) filed the other day, it seemed pretty promising: there was very detailed information on what top executives receive under various scenarios — President and CEO Mark Hurd would get $91 million following [...]